CSR Guidelines & Activity Reports - Contributing Solutions to Social Issues through Business Activities
Green Innovation Business Expansion Project
Sales of Green Innovation products
- ■Reporting scope
- Toray Group
- ■Fiscal 2019 Target
- 900.0 billion yen
Fiscal 2018 Result
Toray Group embraces a management policy mandating that all business strategies must prioritize responsibility for the global environment in an effort to help build a more sustainable world with a small carbon footprint. The Group is endeavoring to realize this vision by addressing global environmental, resource, and energy issues through the continued implementation of the Green Innovation Business Expansion Project.
Sales in Green Innovation businesses have steadily increased since the start in 2011, reaching consolidated net sales of 786.9 billion yen in fiscal 2018. In the medium-term management program, Project AP-G 2019, which started in fiscal 2017, Toray Group set a challenging target of 900 billion yen in net sales from Green Innovation businesses on a consolidated basis and aims to expand its environment-related businesses. CO2 emissions avoided by using Toray Group products have been steadily increasing with the expansion of the business, reaching 162 million tons-CO2 in fiscal 20181 (avoided 4.2 times more CO2 emissions than in fiscal 2013).
- CO2 emissions avoided by using Toray Group products in fiscal 2018
- 162 million tons-CO2
(avoided 4.2 times more CO2 emissions than in fiscal 2013).
- 1 For CO2 emissions avoided in the supply chain, Toray Industries, Inc. calculates the CO2 emissions reduced throughout the value chain of products in accordance with the chemical sector guidelines of the Japan Chemical Industry Association, the International Council of Chemical Associations (ICCA), and the World Business Council For Sustainable Development (WBCSD).